Comparison between Foce India IPO and Suyog Gurbaxani Funicular IPO.
IPO Details
Foce India IPO is a SME Fixed Price IPO proposed to list at NSE SME while Suyog Gurbaxani Funicular IPO is a SME Fixed Price proposed to list at BSE SME.
Issue Size and Price
The total issue size of Foce India IPO is up to ₹27.57 Cr whereas the issue size of the Suyog Gurbaxani Funicular IPO is up to ₹28.00 Cr. The final issue price of Foce India IPO is ₹225.00 per share and of Suyog Gurbaxani Funicular IPO is ₹45.00 per share.
| | Foce India IPO | Suyog Gurbaxani Funicular IPO |
|---|
| Face Value | ₹10 per share | ₹10 per share |
| Issue Price (Final) | ₹225.00 per share | ₹45.00 per share |
| Discount (Retail) | ₹0.00 per share | ₹0.00 per share |
| Market Lot Size | 600 shares | 3000 shares |
| Fresh Issue Size | 8,35,200 shares | 11,67,000 shares |
| Fresh Issue Size (Amount) | up to ₹18.79 Cr | up to ₹5.25 Cr |
| OFS Issue Size | 3,90,000 shares | 50,55,000 shares |
| OFS Issue Size (Amount) | up to ₹8.78 Cr | up to ₹22.75 Cr |
| Issue Size Total | 12,25,200 shares | 62,22,000 shares |
| Issue Size Total (Amount) | up to ₹27.57 Cr | up to ₹28.00 Cr |
IPO Timetable
Foce India IPO opens on Dec 13, 2021, while Suyog Gurbaxani Funicular IPO opens on Nov 01, 2021. The closing date of Foce India IPO and Suyog Gurbaxani Funicular IPO is Dec 17, 2021, and Nov 08, 2021, respectively.
| | Foce India IPO | Suyog Gurbaxani Funicular IPO |
|---|
| Issue Open | Dec 13, 2021 | Nov 01, 2021 |
| Issue Close | Dec 17, 2021 | Nov 08, 2021 |
| Basis Of Allotment (Tentative) | Dec 21, 2021 | Nov 11, 2021 |
| Initiation of Refunds (Tentative) | Dec 22, 2021 | Nov 12, 2021 |
| Credit of Share (Tentative) | Dec 23, 2021 | Nov 15, 2021 |
| Listing date (Tentative) | Dec 28, 2021 | Nov 16, 2021 |
Financials & KPIs
Foce India IPO P/E ratio is , as compared to Suyog Gurbaxani Funicular IPO P/E ratio of .
Shares Offered
In the Foce India IPO Retail Individual Investors (RII) are offered 6,12,600 shares while in Suyog Gurbaxani Funicular IPO retail investors are offered 6,12,600 shares. Qualified Institutional Buyers (QIB) are offered 0 shares in Foce India IPO and 0 shares in Suyog Gurbaxani Funicular IPO.
| | Foce India IPO | Suyog Gurbaxani Funicular IPO |
|---|
| Anchor Investor Reservation | 0 shares | 0 shares |
| Market Maker Reservation | 64,800 shares | 3,33,000 shares |
| QIB | 0 shares | 0 shares |
| NII | 6,12,600 shares | 31,11,000 shares |
| RII | 6,12,600 shares | 31,11,000 shares |
| Employee | 0 shares | 0 shares |
| Total | 12,25,200 shares | 62,22,000 shares |
Bids Received (Subscription)
Foce India IPO subscribed 1.57x in total, whereas Suyog Gurbaxani Funicular IPO subscribed 1.27x.